NOT LISTED FOR SALE

Estimated Value: $403,000 - $454,000

2 Beds
1 Bath
2,000 Sq Ft
$219/Sq Ft Est. Value

Last Sold March 26, 2014

Last sale price $135,000 $68 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $2,924/month

23 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Community Deck or Porch

About This Home

As of March 2014

This home is located at 1915 Polk St NE, Minneapolis, MN 55418 since 20 February 2014 and is currently estimated at $438,030, approximately $219 per square foot. This property was built in 1900. 1915 Polk St NE is a home located in Hennepin County with nearby schools including Pillsbury Elementary School, Northeast Middle School, and Thomas Edison High School.

Last Agent to Sell the Property

Louis Hedberg

Edina Realty, Inc. Listed on: 02/20/2014

Last Buyer's Agent

Melinda Earl

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 43x180

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,000 Sq Ft Home
  • Basement Fills Entire Space Under The House

Additional Features

  • Property is near public transit
  • Gravity Heating System

Community Details

  • 2 Units
  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 03/26/2014
  • Taxes With Assessments: 3602
  • Estimated Number of Acres: 0.18
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2000
  • Total Fin Square Footage: 2000

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Gravity

Condo/Co-op/Association

  • Shared: Deck, Porch

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks)
  • Estimated Lot Dimensions: 43x180

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 3602

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2018
Sold by
Prolific Properties Of Minnesota Llc
Bought by
Chow Li Chen and Dang Mei Lai Hui
Current Estimated Value
$438,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Outstanding Balance
$116,863
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$317,723

Purchase Details

Listed on
Feb 20, 2014
Closed on
Mar 26, 2014
Sold by
Us Props Llc
Bought by
Prolific Properties Of Minnesota Llc
Seller's Agent
Louis Hedberg
Edina Realty, Inc.
Buyer's Agent
Melinda Earl
Edina Realty, Inc.
List Price
$134,900
Sold Price
$135,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Original Mortgage
$157,500
Interest Rate
4.34%
Mortgage Type
Commercial

Purchase Details

Closed on
May 13, 2013
Sold by
Williams Jean L
Bought by
Mn Home Options Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chow Li Chen $272,000 Title Smart Inc
Prolific Properties Of Minnesota Llc $143,000 West Title Llc
Us Props Llc $135,000 Edina Realty Title Inc
Mn Home Options Llc $30,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chow Li Chen $204,000
Previous Owner Prolific Properties Of Minnesota Llc $150,000
Previous Owner Prolific Properties Of Minnesota Llc $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2014 03/26/14 Sold $135,000 +0.1% $68 / Sq Ft
03/15/2014 03/15/14 Pending -- -- --
02/20/2014 02/20/14 For Sale $134,900 -- $67 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $7,090 $433,000 $138,000 $295,000
2022 $6,546 $399,000 $128,000 $271,000
2021 $6,290 $375,000 $62,000 $313,000
2020 $5,745 $374,000 $76,800 $297,200
2019 $5,364 $325,000 $51,200 $273,800
2018 $5,030 $295,500 $51,200 $244,300
2017 $4,227 $225,500 $46,500 $179,000
2016 $3,587 $177,500 $46,500 $131,000
2015 $3,175 $156,500 $46,500 $110,000
2014 -- $171,500 $44,400 $127,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4581185

REALTOR® Association of Southern Minnesota

APN: 12-029-24-33-0170